CEO Jeffrey Liaw opened the call by stating, "We're pleased to announce the results of another record year for Copart across a number of dimensions, including units sold, revenue and operating profit.

Copart's strong market leadership and online auction platform drive its revenue growth, supported by a 37.7% market share in the online automotive auction market. US Domestic Auto Production ...

Copart's second-quarter fiscal 2025 results gave us no reason to change our fair value estimate. Revenue rose 14% year over year, while adjusted diluted earnings per share grew 21.2% to $0.40 and beat ...

We are initiating coverage on salvage vehicle auctioneer Copart CPRT with a wide moat and a $77 fair value estimate. We see the firm as a phenomenal business with only one large competitor in IAA, ...

Copart’s second quarter results were met with a negative market reaction, as the company missed Wall Street’s revenue expectations but delivered a notable earnings per share outperformance. Management ...